$325,000
$355,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
2,477 SqFt
SOLD DATE : 08/09/2022
Key Details
Sold Price $325,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,477 sqft
Price per Sqft $131
Subdivision Village Of Fife Lake
MLS Listing ID 78001334834
Sold Date 08/09/22
Originating Board Aspire North REALTORS®
Year Built 1942
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions Irregular
Property Description
Classic up north restaurant and bar opportunity. Gordy's Place is a historic restaurant and bar in the village of Fife Lake, Grand Traverse County. Business includes real estate, buildings, equipment and a Class C liquor license. Features include seating for 96 and an extra lot for ORV/Snowmobile parking. The ORV/Snowmobile trail leading into Fife Lake ends the parking area. Other features include three bathrooms, gas log fireplace, many recent updates including a new steel roof (2020) main bar cooler (2021) and bar stools and hightop tables (2021). This license also includes outdoor seating/serving with plenty of room to expand. Furnace, fryers and heating have been updated within the past five years. This business has been operated as a restaurant and bar since the 1930's with the same owner for the past 22 years.
Location
State MI
County Grand Traverse
Area Fife Lake Twp
Zoning Commercial
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Metal
Accessibility Disabled Access
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Well (Existing)
Structure Type Frame,Vinyl
Others
Tax ID 284107002801
Ownership Private Owned
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Unknown/Data Share Listings
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280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States